News: Brokerage

Meet the NYSCAR WNY Members

Ms. Brennan serves as Business Development Manager at McGuire Development Company, where she is responsible for real estate brokerage and development, marketing and new business initiatives. Her 15 years of expertise span every aspect of the industry from negotiating business contracts to tenant representation. Adding to her strengths is extensive experience in local and national radio and television broadcasting, advertising and marketing. Ms. Brennan’s comprehensive background allows her to anticipate trends well ahead of the curve, putting her in tune with clients and ensuring a seamless approach to all aspects of real estate from land procurement to building occupancy. Ms. Brennan earned a Bachelor of Arts Degree in Communication at Canisius College in Buffalo, New York. Before joining McGuire Development Company, she worked as a Senior Title Insurance Marketing Representative for a Fortune 300 Company. Ms. Brennan helped many real estate attorneys throughout Western New York, contributing her expertise in Title Insurance and Abstracting to contract negotiations and execution. Colleen guides her clients through McGuire Development’s Signature Transparent Process taking each step with a full knowledge of market statistics, economic projections and industry trends. This level of service and commitment to customer satisfaction has enabled her to establish long-term, loyal relationships with customers, providing a strong network of leads and referral sources. Ms. Brennan is a licensed Associate Broker in New York, and also serves as Secretary/Director for the WNY NYSCAR (New York State Commercial Association of Realtors). She is the recipient of the 2007 Buffalo Niagara Builders Association “Excellence in Industry” Award. Steve Hunt commenced his career with Hunt Real Estate/Hunt Commercial Real Estate Corp. in 1977 as a salesman. He was a founding member of the Commercial Investment Division of the Buffalo Niagara Association of Realtors, which became the WNY chapter of NYSCAR. He served five years as its president and in 2003 received its Lifetime Achievement Award. He graduate of Colgate University and in 1976 received a masters degree in philosophy from SUNY Albany.
MORE FROM Brokerage

SABRE coordinates sale of six properties totaling 199,845 s/f

Huntington, NY SABRE Real Estate Advisors has completed the sale of six commercial properties across Long Island and Northern New Jersey, further underscoring the firm’s strength as a trusted partner in complex real estate transactions. The deals were led by executive vice presidents Jimmy Aug and Stu Fagen, whose combined expertise continues to drive exceptional results for clients across the region.
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Columns and Thought Leadership
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account
Lower interest rates and more loan restructuring can help negate any negative trending of NOI on some CRE projects - by Michael Zysman

Lower interest rates and more loan restructuring can help negate any negative trending of NOI on some CRE projects - by Michael Zysman

Lower interest rates and an increased number of loan restructurings will be well received by the commercial real estate industry. Over the past 12 months there has been a negative trend for NOI for many properties across the country.
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent